Ethernet square double chain mining trend comparison, ETH outperformed ETC

Ethernet square double chain mining trend comparison, ETH outperformed ETC

Author: MichaelWuehler is a member of the etheric Fang startup ConsenSys, he is also the etheric Fang New York (EthereumNYC) founder of meetup. In his view, Fang ether (ETH) and unlike most other cryptographic tokens, the value of the underlying currency (or force) and the price of the relationship is not great, but the platform itself is more relevant to development and. Ethernet square in a bifurcated chain ETC, the relationship between stress and currency price is greater.

   

In the past month, I have been recording Ethernet (ETH) network and Ethernet Fang Fang Classic (ETC) is the power network. To do so, mainly because of their influence on each chain is curious about the development trend and the price of their tokens. My opinion is that, unlike most other encryption and ETH tokens, the value of the underlying currency and price relationship is not great, but the platform itself is more relevant to development and. In order to prove my opinion, I followed the performance data in the last month of the ETH network and ETC network.

It is shown that the ETH network and ETC network is their performance, it clearly shows a trend.

   


(ETH) vs. (ETC) stress stress time: July 29, 2016 – September 3, 2016 []

Slacknation has an interesting chart, the price of the ETC/ETH is compared with. The picture shows clearly that the stress between currency and ETC/ETH price ratio, there is a very strong correlation. I personally think that the ETC force fluctuations, mainly because of the big miners out of interest and power will be transferred to ETC, but I have no data to support this argument, so I will not talk about this problem.

It is necessary to point out that slacknation’s chart shows only within a week of the data, and this data sample, the representative is not strong. The chart below, is a whole month ETC/ETH stress ratio data.

   

Now, we do not force the contrast ratio, we simply compare the two currencies in the same period, the performance of the price.

   

Through observation, obviously, the correlation between price and ETC ETC stress and ETC/ETH stress ratio is very strong.

The ETH’s performance and how is it?

 

The price of ETH is basically a month ago remain the same, but it is from the time of 4137GH/s to 4941GH/s, a growth of 19.4% feet. If the price is ETH and is proportional to the force, then the ETH price is $13.9, rather than the current $11.65.

The data revealed some information to us. Those mastering miners can be judged according to their resource value, to dig a block chain which, and the choice of ETC chain of the miners will be influenced more by token price. Instead of digging ETH miners, are not so obvious.

I personally ETH block chain supporters, and believe the etheric Fang view: the workshop is the founder of Ethernet as a development platform, rather than a currency transactions for encryption.

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